FINANCIAL LITERACY I
FINANCIAL LITERACY FOR MONEY ADVISERS

Who the course is for: Experienced Money Advisers who wish to find out more about Financial Literacy and how this can be incorporated into their work with individual clients; also for those who may be expanding their work into this area, perhaps with small client groups. The course will be available from May 2002.

Aims:

• To discuss what is meant by the term Financial Literacy
• To examine how Financial Literacy can be incorporated within the context of Money Advice for clients.
• To develop an action plan for delivering Financial Literacy training to clients in various settings

Course Content:

• What is Financial Literacy? An overview of current research into the groving problem of adult financial illiteracy and its effect on organisations who provide Money Advice services. Includes examples of case studies where the clients could benefit from Financial Literacy training as well as straightforward Money Advice.
• Financial Literacy and Money Advice - Common Ground and Conflict.
  
  An examination of Money Advice practices within the context of Financial Literacy and the new OFT guidance on debt management/money advice practice.
• An action Plan for Financial Literacy training; it is likely that most Financial Literacy training will be in group settings. This section helps Money Advisers to develop strategies for group work, remembering to generalise the advice that they give. It also offers suggestions on topics, and provides resources.

Course Materials:

• Course notes, handouts and training resources.